Minim Other Current Liab vs Total Liab Analysis

MINM Stock  USD 3.50  0.12  3.31%   
Minim financial indicator trend analysis is infinitely more than just investigating Minim Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Minim Inc is a good investment. Please check the relationship between Minim Other Current Liab and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minim Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Other Current Liab vs Total Liab

Other Current Liab vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Minim Inc Other Current Liab account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Minim's Other Current Liab and Total Liab is 0.94. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Liab in the same time period over historical financial statements of Minim Inc, assuming nothing else is changed. The correlation between historical values of Minim's Other Current Liab and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Minim Inc are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Liab i.e., Minim's Other Current Liab and Total Liab go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Current Liab

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Minim's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Minim Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minim Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Minim's Tax Provision is very stable compared to the past year. As of the 18th of May 2024, Enterprise Value is likely to grow to about 16.8 M, while Selling General Administrative is likely to drop about 2.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit17.5M11.9M470.9K447.3K
Total Revenue55.4M50.6M26.1M27.3M

Minim fundamental ratios Correlations

0.930.920.910.95-0.32-0.50.670.790.830.790.60.670.630.980.260.690.930.281.0-0.280.24-0.180.830.320.82
0.930.930.780.92-0.05-0.490.650.560.830.560.760.690.610.920.30.590.940.230.93-0.140.28-0.240.790.510.78
0.920.930.710.92-0.19-0.620.820.610.870.610.720.790.70.90.230.71.00.410.92-0.230.34-0.270.670.520.67
0.910.780.710.83-0.39-0.180.330.860.670.860.460.340.350.890.340.550.72-0.030.91-0.230.11-0.050.880.090.88
0.950.920.920.83-0.2-0.640.680.680.850.670.510.770.750.970.180.790.920.410.95-0.240.16-0.230.790.410.79
-0.32-0.05-0.19-0.39-0.2-0.03-0.35-0.79-0.18-0.790.02-0.03-0.02-0.190.02-0.15-0.18-0.14-0.320.090.11-0.120.030.110.04
-0.5-0.49-0.62-0.18-0.64-0.03-0.78-0.17-0.51-0.17-0.05-0.94-0.98-0.580.34-0.75-0.62-0.93-0.490.36-0.180.3-0.25-0.37-0.25
0.670.650.820.330.68-0.35-0.780.480.690.480.450.880.790.62-0.080.60.810.760.66-0.260.28-0.260.220.50.21
0.790.560.610.860.68-0.79-0.170.480.551.00.290.310.310.710.220.470.610.130.8-0.230.05-0.020.57-0.030.56
0.830.830.870.670.85-0.18-0.510.690.550.540.650.660.570.80.170.690.870.330.82-0.410.230.090.650.480.65
0.790.560.610.860.67-0.79-0.170.481.00.540.290.310.30.710.210.460.610.130.8-0.230.05-0.020.57-0.030.56
0.60.760.720.460.510.02-0.050.450.290.650.290.330.110.50.340.240.71-0.160.590.010.53-0.190.450.610.44
0.670.690.790.340.77-0.03-0.940.880.310.660.310.330.960.71-0.130.740.790.820.67-0.280.31-0.440.380.520.37
0.630.610.70.350.75-0.02-0.980.790.310.570.30.110.960.71-0.190.770.70.870.63-0.310.15-0.360.390.360.39
0.980.920.90.890.97-0.19-0.580.620.710.80.710.50.710.710.230.750.910.340.98-0.290.18-0.20.870.30.87
0.260.30.230.340.180.020.34-0.080.220.170.210.34-0.13-0.190.23-0.330.23-0.450.260.31-0.17-0.160.36-0.070.36
0.690.590.70.550.79-0.15-0.750.60.470.690.460.240.740.770.75-0.330.710.580.68-0.480.31-0.130.530.40.52
0.930.941.00.720.92-0.18-0.620.810.610.870.610.710.790.70.910.230.710.410.93-0.240.33-0.270.690.510.68
0.280.230.41-0.030.41-0.14-0.930.760.130.330.13-0.160.820.870.34-0.450.580.410.28-0.330.04-0.21-0.040.23-0.04
1.00.930.920.910.95-0.32-0.490.660.80.820.80.590.670.630.980.260.680.930.28-0.270.24-0.190.830.310.82
-0.28-0.14-0.23-0.23-0.240.090.36-0.26-0.23-0.41-0.230.01-0.28-0.31-0.290.31-0.48-0.24-0.33-0.27-0.38-0.21-0.350.23-0.35
0.240.280.340.110.160.11-0.180.280.050.230.050.530.310.150.18-0.170.310.330.040.24-0.38-0.50.210.210.21
-0.18-0.24-0.27-0.05-0.23-0.120.3-0.26-0.020.09-0.02-0.19-0.44-0.36-0.2-0.16-0.13-0.27-0.21-0.19-0.21-0.5-0.09-0.23-0.09
0.830.790.670.880.790.03-0.250.220.570.650.570.450.380.390.870.360.530.69-0.040.83-0.350.21-0.090.011.0
0.320.510.520.090.410.11-0.370.5-0.030.48-0.030.610.520.360.3-0.070.40.510.230.310.230.21-0.230.010.01
0.820.780.670.880.790.04-0.250.210.560.650.560.440.370.390.870.360.520.68-0.040.82-0.350.21-0.091.00.01
Click cells to compare fundamentals

Minim Account Relationship Matchups

Minim fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9M28.4M52.9M31.0M12.4M14.4M
Other Current Liab2.7M4.7M5.3M4.4M1.1M1.7M
Total Current Liabilities7.8M20.6M23.3M13.8M12.2M7.5M
Total Stockholder Equity6.1M7.8M29.1M16.3M115.9K110.1K
Property Plant And Equipment Net406K542K1.0M810K455.0K301.8K
Net Debt(1.1M)1.8M(7.2M)5.4M(686.8K)(652.5K)
Retained Earnings(40.6M)(57.1M)(60.7M)(74.8M)(92.5M)(87.8M)
Accounts Payable5.0M11.7M12.5M2.8M11.1M11.7M
Cash1.2M772K12.6M530K709.3K673.9K
Non Current Assets Total755K1.9M1.9M1.4M960.9K755.4K
Cash And Short Term Investments1.2M772K12.6M530K709.3K673.9K
Net Receivables4.1M9.2M4.9M2.8M701.4K666.3K
Common Stock Total Equity152.9K161.2K209.3K350.7K403.4K423.5K
Common Stock Shares Outstanding722.0K1.0M1.6M1.9M1.9M2.0M
Liabilities And Stockholders Equity13.9M28.4M52.9M31.0M12.4M14.4M
Inventory7.4M15.3M32.5M25.4M10.0M8.8M
Other Current Assets270K399K588K361K35.8K34.0K
Other Stockholder Equity47.5M64.5M89.3M90.7M92.1M52.6M
Total Liab7.8M20.6M23.8M14.6M12.2M7.6M
Property Plant And Equipment Gross405.8K542.0K1.0M810K2.7M2.8M
Total Current Assets13.1M26.5M51.0M29.6M11.4M13.7M
Accumulated Other Comprehensive Income(755.0K)(892.0K)(1.0M)(1.2M)(1.1M)(1.0M)
Common Stock46.7M351K459K469K479.3K455.4K
Non Currrent Assets Other349K942K545K512K472.6K523.9K
Short Long Term Debt Total103K2.6M5.3M5.9M22.5K21.4K
Short Term Debt103K2.6M5.2M5.9M22.5K21.4K
Net Tangible Assets3.9M6.1M7.3M28.8M33.1M34.7M
Other Assets349.3K942.4K544.7K512K588.8K558.0K
Deferred Long Term Liab349.3K942.4K544.7K512K588.8K558.0K
Property Plant Equipment261.5K405.8K542.0K1.0M1.2M1.2M
Net Invested Capital6.1M10.3M34.2M22.1M115.9K110.1K
Net Working Capital5.4M5.9M27.8M15.7M(844.9K)(802.7K)
Capital Stock209.3K350.7K458.9K469.5K479.3K390.3K

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When determining whether Minim Inc is a strong investment it is important to analyze Minim's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Minim's future performance. For an informed investment choice regarding Minim Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Minim Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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Is Minim's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Minim. If investors know Minim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Minim listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(9.08)
Revenue Per Share
13.444
Quarterly Revenue Growth
(0.86)
Return On Assets
(0.50)
Return On Equity
(2.14)
The market value of Minim Inc is measured differently than its book value, which is the value of Minim that is recorded on the company's balance sheet. Investors also form their own opinion of Minim's value that differs from its market value or its book value, called intrinsic value, which is Minim's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Minim's market value can be influenced by many factors that don't directly affect Minim's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Minim's value and its price as these two are different measures arrived at by different means. Investors typically determine if Minim is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Minim's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.